Accounting & taxes
When it comes to budgeting for farm businesses, financial advisors say greater adaptability in managing variable income, carefully consideration of what constitutes a true farm expense and financial clarity can all go a long way.
Tax season is approaching and now’s the time to start preparing.
Land transfer tax rules vary across the provinces. To avoid unnecessary expenses, producers should know the rules and deadlines involved.
Making the jump from a sole proprietorship farming operation to a corporation brings with it several advantages, along with some additional management responsibilities.
Farms are expensive. For families in transition, ensuring the next generation has enough capital to buy the farm while leaving the previous generation with enough to retire can be challenging.
Make the most of your investments by purchasing capital assets sooner rather than later.
What are some common mistakes farmers make at year-end, and how can they be avoided?
Changes to the federal Tax on Split Income rules have gone through revisions in the last few years, and some experts say they are still seeking clarity on some aspects of the rules.
The way we file farm invoices has changed. Here’s how to keep your e-documents organized and find a digital filing system that works.
Tax rules on rented land held in a corporation have changed, but not as drastically as originally proposed.